Could sky-high rents be the final push Millennials need to buy a house? Record-low home prices and historically low mortgage rates have not been enough to entice Millennials to buy homes, but now analysts have struck on another economic

Home prices in Chicagoland are growing, albeit at a slow rate. Chicagoland home prices posted lukewarm numbers in the latest Case-Shiller Home Price Indices, which looked at data from Dec. 2014 to Jan. 2015. From December to January, Chicagoland

A new survey from Redfin shows a shift in how consumers are approaching the agent selection process. It’s a new world in the wake of the financial crisis, a new survey from Redfin shows, one where tethers to quality have

Pending home sales are at their highest mark in nearly two years, and all because of one thing. Pending home sales in February rose to their highest mark since June 2013, according to the latest Pending Home Sales Index

Housing affordability is a major problem, and new research has added an additional wrinkle to the crisis. Housing affordability (especially in the new home market) may be worsening nationwide, but it has nothing on the affordability squeeze facing renters

What was the deal with our local new construction marketplace last month? February proved a lackluster month for residential new construction in the Chicagoland area, according to new numbers from Dodge Data & Analytics. For the month, residential construction

We all know that the economy has improved in recent years, but we also know (and with similar levels of confidence) that there remain considerable hurdles for many Americans in today’s economy. Take a look through our informative graphic

We all know the Internet is prominent, but there are interesting details to how homebuyers search for homes nowadays. It’s no mystery that the Internet is the defining conduit for real estate today, but NAR’s Home Buyer and Seller

Everyone should be concerned about rising levels of inequality – especially residential real estate professionals. The Brookings Institution just updated its data metrics on inequality in the U.S.’ largest metro areas, and the results are – to put it

Sure, new home sales were up in February, but there’s much more than meets the eye. On the surface, it looks like February was a very positive month for sales of newly built single-family homes. According to the latest

NAR’s report found existing-home sales improved in February, but those gains were offset by skyrocketing home prices. Existing-home sales increased modestly in February, a report from the National Association of Realtors discovered, but shallow inventories across the country are

In the nine-county Chicago Primary Metropolitan Statistical Area, home sales in February totaled 5,611, a decrease of 1.3 percent from Feb. 2014, according to the latest analysis from the Illinois Association of Realtors. Though still a decrease, February’s sales activity

The single-family home market for new construction has trended towards affluence, and so has the rental market. The last couple months, we’ve been reporting with regularity on how our nation’s issues with inequality have manifested themselves in new construction,

Sure, negative equity has improved overall, but what of properties on the lower-end of price spectrum? Though 25.1 percent of mortgage properties in Chicagoland remain in negative equity, that pales in comparison to the 41.5 percent of properties in

Homeowners are benefiting from rising home prices that improve equity, but that doesn’t mean negative equity still isn’t a problem. Equity continued building in the fourth quarter of 2014, CoreLogic’s newest report concluded, showing that by year’s end, 1.2

Homebuilders are feeling a little less confident this month. A key measure of builder confidence declined this month, with the Housing Market Index (HMI) dropping two points to a level of 53. Released monthly by the NAHB, the HMI tracks